$2,800,000
Unique opportunity to own two parcels totaling 11 acres in a prime location in growing Leo and northwest Fort Wayne, offering exceptional flexibility for residential, business, or investment use. The primary 10.2-acre parcel features a 1,200 sq ft, three-bedroom ranch alongside a large flex building with recently expanded office space—ideal for a home-based business, workshop, or operations hub. The main barn features all concrete floors, providing durability and versatility for a variety of uses. Three expansive pole barns offer substantial capacity for equipment, materials, or tenant use. The main building is fully linked to the middle barn (Building 3), enhancing functionality for operations and communications. The home and buildings on this parcel are currently producing rental income, with existing leases that include a tree service, communications company, residential tenant, and additional storage rentals—delivering immediate cash flow for the next owner. A well-maintained pond adds both functionality and scenic appeal. The second parcel, spanning 0.8 acres, includes its own three-bedroom ranch with a separate driveway—well-suited for multi-generational living, guest accommodations, or additional rental income. With strong potential for construction operations, specialized storage and logistics, future residential development, or even a wedding/event venue, this property offers a rare combination of location, acreage, infrastructure, and income-producing capability. This property currently houses a business conducting active operations, therefore earliest possession is July 1st. The property will be clear of all equipment in the coming months.
Tonkel Road N, just past Hosler Road.
Dryer Hook Up Gas/Elec, Guest Quarters, Near Walking Trail, Patio Open, Utility Sink, Sump Pump
Sale IncludesDishwasher, Refrigerator, Range-Electric, Sump Pump, Water Heater Gas, Gazebo
| MLS # | 202611322 |
|---|---|
| Date Listed | 2026-04-03 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Site-Built Home |
| Finished Square Feet | 1175 sqft |
| Total Square Feet | 1625 sqft |
| New Construction | No |
| Style | One Story |
| Type | Site-Built Home |
| Basement | Yes |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Annual Taxes | $7,712.00 |
| Year Taxes Payable | 2025 |
| Year Built | 1917 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 16 |
| Cooling | Window |
|---|---|
| Heating | Gas, Forced Air, Multiple Heating Systems |
| Carport | Yes |
| Main Level Laundry | Yes |
| Outbuilding | Outbuilding, Pole/Post Building |
| Living Room | 14 × 12 | Main Level |
| Kitchen | 8 × 11 | Main Level |
| Master Bedroom | 8 × 10 | Main Level |
| 2nd Bedroom | 10 × 12 | Main Level |
| 3rd Bedroom | 12 × 12 | Main Level |
| Full Baths | 1 Main |
| Construction | Site-Built Home |
|---|---|
| Exterior | Vinyl,Wood |
| Lot Size | 479,160 sq ft |
| Acreage | 11.00 Acres |
| Lot Dimensions | 900 x 532 |
| Parking | Yes |
| Out Buildings | Outbuilding |
| Sewer | City |
| Water | City |
| Fence | None |
| Area | Allen County |
|---|---|
| Location | City/Town/Suburb |
| County | Allen |
| Subdivision | None |
| Township | Cedar Creek |
| City | Leo |
| State | IN |
| Zip | 46765 |
| School District | Northwest Allen County |
|---|---|
| Elementary | Perry Hill |
| Middle School | Maple Creek |
| High School | Carroll |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202611322
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of David Weigand
Encore Sotheby's International Realty
Listing updated April 3, 2026 at 11:48 am
Last checked 25 minutes ago